18 of 56 tracked Chicago ZIPs are easing and 4 show inventory building — the data can show the direction, but not whether your own cash flow, reserves, and time horizon are ready. Across tracked ZIPs the typical home value runs from $125,693 in 60621 to $684,050 in 60614 — a factor of 5.4. The published metro home-value forecast is 2.20%. The metro income-needed indicator changed 3.25% year over year.
Key stats
- Across tracked ZIPs the typical home value runs from $125,693 in 60621 to $684,050 in 60614 — a factor of 5.4.
- The metro income-needed indicator changed 3.25% year over year.
- The published metro home-value forecast is 2.20%.
- Tracked ZIP markets
- 56
- Median ZIP home value
- $340,167
- Median ZIP rent
- $1,883
- housing cost spread
- Across tracked ZIPs the typical home value runs from $125,693 in 60621 to $684,050 in 60614 — a factor of 5.4.
- published forecast
- The published metro home-value forecast is 2.20%.
- income needed change
- The metro income-needed indicator changed 3.25% year over year.
The current timing tradeoff in Chicago
The published metro home-value forecast is 2.20%.
Sources and method
- HomeMarketCap.com data sources: ZIP and metro housing-market datasets
- HomeMarketCap.com methodology: calculation and missing-data rules
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